Sumitomo Corp lifts profit, boosts dividend and plans four-for-one stock split

An update from Sumitomo ( (JP:8053) ) is now available.

Sumitomo Corporation reported consolidated revenues of ¥7.34 trillion for the year ended March 31, 2026, a modest 0.6% increase, while profit for the year attributable to owners of the parent rose 6.8% to ¥600.3 billion and comprehensive income more than doubled. Total assets expanded sharply to ¥13.64 trillion and cash and cash equivalents rose to just over ¥1.0 trillion, reflecting strong operating cash flow and more moderate investment outflows.

Profitability metrics remained robust, with return on equity at 12.9% and profit-before-tax to total assets at 5.6%, while the equity ratio slipped to 33.9% amid balance-sheet expansion. The board approved a four-for-one stock split effective July 1, 2026 and lifted annual dividends to ¥150 per share for FY2026, with FY2027 guidance implying further earnings growth and an adjusted annual dividend equivalent to ¥160 per pre-split share, underscoring the company’s commitment to shareholder returns.

The most recent analyst rating on (JP:8053) stock is a Buy with a Yen7370.00 price target. To see the full list of analyst forecasts on Sumitomo stock, see the JP:8053 Stock Forecast page.

More about Sumitomo

Sumitomo Corporation is a major Japanese general trading company listed on the Tokyo Stock Exchange, operating across diversified sectors including metals, energy, infrastructure, chemicals and consumer-related businesses. The group focuses on global trading, investment and business development, leveraging a broad asset base and equity holdings to generate stable earnings and shareholder returns.

Average Trading Volume: 3,781,776

Technical Sentiment Signal: Buy

Current Market Cap: Yen6924.1B

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